5427 31st Avenue South #5431, Gulfport, FL 33707

5427 31st Avenue South #5431, Gulfport, FL 33707

1 beds 1 baths 2,656 Sqft

Overview Neighborhood Amenities Price details

$639,700

Multi Family

For Sale

Closed at $610,000
$240.85/sf

Description:

Closed - Multi Family for sale

Note: This property is not currently for sale or for rent on beycome. The description below may be from a previous listing.

An income property dream come true: and a RARE opportunity to own an ever appreciating investment in the very heart of the much sought-after Waterfront Arts District in Gulfport! Nestled on a quaint brick street, a block away from the iconic Gulfport Casino and the Pier, restaurants, shops and entertainment, overlooking the dreamy anchorage of Boca Ciega Bay, this Four Plex : 4 One bedroom - One bathroom property is ready for its new owner. Solid concrete block construction on oversized 140â€™ lot in the heart of the Art District, updated with hurricane compliant doors and windows, new roof (5/19), new luxury vinyl plank floors (6/19), all new kitchens and bathrooms (7/19), outfitted with all new fixtures and appliances. Each of the Four (4) units is on a separate electric and water meter, has its own driveway with a carport, and a sizable backyard. All units share a laundry and a storage room, with a private backyard access.Â The lucky new owner of this income producing property can tailor the rent of the units as they please: 30 day vacation rental ($900/week in peak season); month to month or an yearly lease, and any length under 30 days 3 times/year (AirBnB). Units-wise, the possibilities abound : full rental income from all 4 units, live in one and rent the other 3; convert 2 of the units in a 3bed/2 bath single residence, and rent the other 2. All the while retaining ownership of a property in the heart of the Art District, and a block away from the most magical sunsets in the world.Â LOCATION x 4 + INCOME x4 at a bargain price ($160K /per turn key unit). Walk to open fresh markets, arts and crafts fairs, beach volleyball, restaurants, water sports, dancing, live music, theatre: pick your favorite! The charming and thriving downtown Gulfport is your playground.

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MLS: #O5806312

Location

* School data provided by National Center for Education Statistics, and GreatSchools. Intended for reference only. The GreatSchools Rating is based on a variety of school quality indicators, including test scores, college readiness, and equity data. To verify enrollment eligibility, contact the school or district directly.

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Facts and features:

Status: Closed

Listed Date: 08/14/2019

Days On Market: 1953

Lot Size (Acres): 0.2

Lot Size (Square Feet): 8681

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Closing:

Availability Date: 2019-08-14

HOA:

Association Amenities: Attic, Ceiling Fan, Restaurant, Cable Ready, Lawn, Shared, Balcony/Patio, Playground, Microwave, Oven, Refrigerator, Shutters

Structure:

Parking Total: 4

Year Built: 1948

Flooring: 11

Utilities:

Utilities: 1

Open House:

Score:

-gulfport-for-sale-5427 31st avenue south #5431, gulfport, fl 33707-1556207

Mortgage All cash

Monthly expenses $5,159

Property Tax $1,066

HOA Fee $0

Homeowners Insurance $171

Due at Close $617,311

List price $639,700

Closing costs $9,596

beycome Pre-paid title settlement fee: $199Learn more

beycome Credit Est. $12.8K

Provided by

The information is being provided by Stellar MLS.
Information deemed reliable but not guaranteed. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS.
Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Broker Reciprocity disclosure: Listing information are from various brokers who participate in IDX (Internet Data Exchange).
All information should be independently reviewed and verified for accuracy.
Copyright 2024 Stellar MLS. All rights reserved.

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Antoni Paris, Jacksonville, Fl

Great experience great service and very professional people thank you very much for your help and I will use your service in the future. Thanks again. Antoni

June M. Jacksonville, Fl

You and I did great. It is now rented. I only spend $40 with your company and saved $1,650.00 by not using a realtor. You were great and hope u feel better. Please remove all ads. Thanks from the bottom of my heart. June 2016

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My house sold. They saw your For Sale sign in the front yard. Thanks for all your help. Thank you, Rufus H. Saved in comission fee: $7.200

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Marc & Staci K., Loxahatchee, Fl

Hi Nancy, We officially close TOMORROW!!!! And yes we got our asking price. With love and gratitude, Mission Accomplished, Closed with beycome in 1 month & 14 days. Amount Saved in commission fees: $25.794.